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News
NZD/USD remains confined in a range below 0.6500 mark, downside seems cushioned
Haresh Menghani | 26/05/2022 11:08
Gold Price Forecast: XAUUSD bears eye $1,838 and $1,836 as next downside targets – Confluence Detector
Gold Price is feeling the pull of gravity after less hawkish FOMC minutes released on Wednesday offered a brief reprieve to XAU bulls. The bright meta26/05/2022 11:08
USD/JPY remains depressed below 127.00 mark, bears await break below monthly low
The USD/JPY pair maintained its offered tone through the first half of the European session and was last seen trading around the 126.75 region, just a26/05/2022 10:40
South Africa Producer Price Index (MoM) came in at 1.8%, above expectations (1.1%) in April
South Africa Producer Price Index (MoM) came in at 1.8%, above expectations (1.1%) in April26/05/2022 09:31
South Africa Producer Price Index (YoY) above expectations (12.3%) in April: Actual (13.1%)
South Africa Producer Price Index (YoY) above expectations (12.3%) in April: Actual (13.1%)26/05/2022 09:30
Indonesia: BI keeps rates unchanged – UOB
Economist at UOB Group Enrico Tanuwidjaja reviews the latest interest rate decision by the Bank Indonesia (BI). Key Takeaways “Bank Indonesia (BI) kep26/05/2022 09:08
Moody’s: Global growth forecasts slip amid Russia-Ukraine war, China lockdowns
Global growth forecasts slip with Russia’s invasion of Ukraine and China lockdowns, Moody’s Investors Services highlighted in its latest report publis26/05/2022 10:06
Silver Price Analysis: XAG/USD struggles near the lower end of one-week-old trading range
Silver witnessed some selling for the second successive day on Thursday and dropped back closer to the lower end of its weekly range during the first 26/05/2022 10:05
USD/CAD Price Analysis: Upside remains capped below 21-DMA ahead US/Canadian data
USD/CAD is off the daily highs near 1.2850 but remains better bid above 1.2800, as bulls find support from the pause in the US dollar sell-off ahead o26/05/2022 09:02
Italy Industrial Sales n.s.a. (YoY) rose from previous 20.9% to 21.4% in March
Italy Industrial Sales n.s.a. (YoY) rose from previous 20.9% to 21.4% in March26/05/2022 09:00
Other News
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Italy Industrial Sales s.a. (MoM) declined to 2.4% in March from previous 2.8%
FXStreet Team | 26/05/2022 09:00
Italy Industrial Sales s.a. (MoM) declined to 2.4% in March from previous 2.8%
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AUD/USD struggles for a firm near-term direction, flat-lined below 0.7100 mark
Haresh Menghani | 26/05/2022 09:24
The AUD/USD pair attracted some dip-buying in the vicinity of mid-0.7000s during the early part of the European session, albeit struggled to capitaliz
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US Dollar Index could test the 101 level near-term – Westpac
FXStreet Insights Team | 26/05/2022 08:12
A soft US Dollar Index (DXY) backdrop is forming. Nonetheless, in the opinion of economists at Westpac, it is still too early to call a long-term DXY
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AUD/USD to struggle to surpass the 0.7135 resistance – Westpac
FXStreet Insights Team | 26/05/2022 08:07
USD pullback has helped the aussie to probe 0.71. However, fragile equities and China worries argue for rallies to struggle around 0.7135 resistance,
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NZD/USD to advance nicely towards 0.66 during the week ahead – Westpac
FXStreet Insights Team | 26/05/2022 08:04
In the view of analysts at Westpac, kiwi’s April low at 0.6217 is potentially a launchpad to much higher levels. They target the 0.66 area during the
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GBP/USD to flip lower on more weak UK economic data – Westpac
FXStreet Insights Team | 26/05/2022 08:01
Escalating inflation and persistent labour market tightness, at least in the near term, are shifting yield spread trends. In the view of economists at
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Italy Consumer Confidence above expectations (100.5) in May: Actual (102.7)
FXStreet Team | 26/05/2022 08:00
Italy Consumer Confidence above expectations (100.5) in May: Actual (102.7)
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Italy Business Confidence above expectations (109) in May: Actual (109.3)
FXStreet Team | 26/05/2022 08:00
Italy Business Confidence above expectations (109) in May: Actual (109.3)
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EUR/USD: Sharper squeeze unlikely prior to ECB’s June meeting – Westpac
FXStreet Insights Team | 26/05/2022 07:57
European Central Bank’s (ECB) hawkish highlighting of an early end of NIRP have been accompanied by overt references to unfavourable EUR weakness. Fur
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GBP/USD struggles to find acceptance above 1.2600, pares intraday gains to multi-week peak
Haresh Menghani | 26/05/2022 08:48
The GBP/USD pair reversed an early European session dip to mid-1.2500s and jumped back closer to a three-week high touched earlier this Thursday. The
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Central Bank of Russia cuts policy rate by 300 bps to 11%
Eren Sengezer | 26/05/2022 08:39
The Central Bank of Russia announced on Thursday that it cut its policy rate by 300 basis points to 11% from 14%. In its policy statement, the central
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EUR/USD regains composure and retargets 1.0700
Pablo Piovano | 26/05/2022 07:38
The single currency appears bid and motivates EUR/USD to attempt another bull run to the 1.0700 neighbourhood. EUR/USD focuses on 1.0750 EUR/USD manag
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Russia Interest rate decision: 11% vs previous 14%
FXStreet Team | 26/05/2022 07:31
Russia Interest rate decision: 11% vs previous 14%
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USD/CNH still seen within the 6.6500-6.7500 range – UOB
Pablo Piovano | 26/05/2022 08:23
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted USD/CNH is expected to keep its consolidative mood between 6.6500 and 6.7500 in the n
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US Dollar Index: Bulls look to add to the rebound above 102.00
Pablo Piovano | 26/05/2022 08:15
The US Dollar Index (DXY), which gauges the greenback vs. a bundle of its main rival currencies, advances modestly above the102.00 mark on Thursday. U
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US Dollar Index to enjoy a near-term recovery to the 103.30 area – ING
FXStreet Insights Team | 26/05/2022 07:13
The US Dollar Index (DXY) fluctuates in a relatively tight range above 102.00. Economists at ING expect the dollar to stay bid and see the DXY returni
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EUR/CHF: A break under April’s 1.0189 lows appears to be on the way – DBS Bank
FXStreet Insights Team | 26/05/2022 08:10
EUR/CHF’s recent advance failed to overcome the YTD high at 1.0615. A break under April’s 1.0189 lows and 1.0086 support should further expose downsid
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BOJ's Kuroda: Don't expect inflation to stay around 2% next year, and the year after
Dhwani Mehta | 26/05/2022 07:08
Bank of Japan (BOJ) Haruhiko Kuroda said in a statement on Thursday, not to expect inflation to stay around 2% next year and the year after. Additiona
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USD/RUB to end the year at 75, CBR large rate cut unable to lower rouble near-term – ING
FXStreet Insights Team | 26/05/2022 07:04
The Central Bank of Russia (CBR) has announced an emergency monetary policy meeting for today. Economists at ING expect Russia to slash rates again. H
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Gold Price Forecast: XAUUSD remains depressed below $1,850, flits with 200-DMA support
Haresh Menghani | 26/05/2022 08:02
Gold extended the overnight retracement slide from over a two-week high and witnessed selling for the second successive day on Thursday. The XAUUSD re
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